Dhoot Transmission IPO: INR 3,066 Cr Launch in August 2026

Dhoot Transmission’s Initial Public Offering (IPO) is set to launch from August 10-12, 2026, aiming to raise INR 3,066.89 crore. The company will utilize the funds primarily for debt reduction and establishing new manufacturing facilities.

This IPO involves 3,52,18,047 shares, with an issue price range of INR 829 to INR 871 per share. The minimum bid lot size for investors is 17 shares.

IPO Allocation Details

• 50% for Qualified Institutional Buyers (QIB)
• 15% for Non-Institutional Investors (NII)
• 35% for Retail investors

The net proceeds from the IPO are earmarked for repaying outstanding borrowings and investing in subsidiaries for further debt repayment. Dhoot Transmission also plans to set up new wiring harness manufacturing plants in Jhajjar, Haryana, and Shoolagiri, Tamil Nadu.

Core Business & Market Position

Dhoot Transmission operates as a key electrical and electronics (E&E) solution provider for the automotive sector. They specialize in various components, including wiring harnesses, battery packs, and electronic controllers.

The company holds a significant position in the Indian market, being among the top two players in the 2W and 3W wiring harness segment. Their market share reached 44.64% by value in FY25 in this category, and over 70% in electric 2W and 3W wiring harnesses.

Operational Footprint

• 22 manufacturing facilities
• 3 engineering and design centers
• 7 warehouses across India and international markets

Wiring harnesses form the core of their revenue, contributing 77.15% in the 9M FY26. Approximately 95% of their automotive products are either EV-focused or powertrain-neutral, aligning with current industry trends.